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NVIDIA to Acquire Hugging Face for 12.9 Billion Dollars

Mynavi News
NVIDIA to Acquire Hugging Face for 12.9 Billion Dollars
Photo: news.mynavi.jp

Key Points

  • NVIDIA has agreed to acquire Hugging Face for approximately 12.9 billion dollars.
  • The platform hosts more than 18 million users and serves as a hub for AI model sharing.
  • NVIDIA guaranteed that the platform will continue to operate independently of hardware and cloud, in an open manner.
  • The transaction will close subject to regulatory approvals.

By the Numbers

12.9 billion USD sale price2 trillion JPY approximate value18 million+ users

NVIDIA announced that it has agreed to acquire Hugging Face, a popular sharing platform for AI models, for approximately 12.9 billion dollars (about 2 trillion yen). The platform is used by more than 18 million developers and researchers.

After the acquisition is completed, NVIDIA pledged that Hugging Face will continue to operate openly and impartially without being tied to a specific GPU brand or cloud provider. This strategy aims to preserve the platform's broad community trust.

This move is seen as a critical step for NVIDIA to strengthen its position in the AI software ecosystem beyond its hardware dominance. The deal is expected to close after regulatory approvals are obtained.

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Frequently Asked Questions

What is the acquisition price?
The deal value is approximately 12.9 billion USD (about 2 trillion Japanese Yen).
What does Hugging Face do?
It is an open-source platform that hosts AI models, datasets, and demo applications, used by over 18 million developers.
Why is NVIDIA making this acquisition?
To increase control over the AI software ecosystem, support hardware sales, and add a strategic model hub to its portfolio.

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